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CS Professional · Environmental, Social and Governance (ESG) - Principles and Practice · Integrated Reporting Framework, Global Reporting Initiative Framework and Business Responsibility and Sustainability Reporting

Veda Textiles Ltd., a Tirupur-based exporter, is preparing a sustainability report using the GRI Standards. Its report lists only achievements such as water saved and omits a year in which its effluent discharge limits were breached at one unit. Which GRI reporting principle for report quality is most directly breached?

The principle of Balance is breached. GRI expects an organisation to disclose both favourable and unfavourable performance so readers can judge overall performance fairly. Showing only water savings and hiding an effluent limit breach gives a one-sided picture and misleads stakeholders.

  1. ABalanceCorrect
  2. BTimeliness
  3. CVerifiability
  4. DComparability

Explanation

The principle of Balance requires the report to reflect both positive and negative aspects of performance so that readers can form a fair assessment. Omitting an effluent breach while showcasing only gains makes the picture one-sided. Timeliness concerns regularity of reporting, not selective content.

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